Can I Keep My Car?

Can I keep my car

If you really require your car, whether it is for work or family commitments, will you still be able to keep it if you declare bankruptcy? The answer in most cases is YES. If your vehicle is presently financed and you can stay up to date with the repayments, it is fairly likely that you can keep your vehicle.

If you own the car, you can own a vehicle up to the wholesale value of $8,000. If you are in a slightly different situation or would like to know more about your own particular circumstance, it is best to give Bankruptcy Experts Bendigo a call on 1300 795 575.

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